159, DREWS LANE, BIRMINGHAM, B8 2QF - £164,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

159 DREWS LANE is a very small extended detached house of 83m², which could now be worth an estimated £217,562. It was last sold for £164,000 in December 2017, which was around 50% below the average December 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

159 DREWS LANE Sold Prices

Land registry data shows two sales for 159 DREWS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 159 DREWS LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 7 DEC	£164,000	£327,119	50% below HPI
2017 27 APR	£2,000	£308,557	99% below HPI

159 DREWS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 159 DREWS LANE sales from April 2017 and December 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2017 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the December 2017 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 159 DREWS LANE be worth now?

159 DREWS LANE might now be worth an estimated £217,562.

This is based on house price inflation of 32.7%, between December 2017 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.7% inflationary increase is applied to the most recent sale price for 159 DREWS LANE of £164,000 on 7th December 2017. For the value to have increased from £164,000 to £217,562 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 159 DREWS LANE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The December 2017 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 159 DREWS LANE has not materially changed since December 2017.

How Large is 159 DREWS LANE?

159 DREWS LANE is 83m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 159 DREWS LANE lies on this distribution: 14% of detached houses houses are smaller than 159 DREWS LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

159 DREWS LANE: Plot and Title Map

159 DREWS LANE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 159 DREWS LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 159 DREWS LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 159 DREWS LANE?

159 DREWS LANE is located in BIRMINGHAM, in the B8 postcode district. The below map shows the position of No. 159 on DREWS LANE.